The Direxion Daily Semiconductor Bull 3X ETF attracted more than $7 billion in inflows last week, marking the largest weekly inflow in the fund’s history, even as it lost approximately one-third of its value. The surge highlights investors’ willingness to increase leveraged bets on semiconductor stocks despite mounting market volatility. The Philadelphia Semiconductor Index fell for eight consecutive sessions through last week, its longest losing streak since October 2008, declining approximately 16%. The selloff reflected concerns about potential interest-rate increases, with Treasury yields elevated, alongside uncertainty over whether massive AI infrastructure investments will continue at their current pace. The $7 billion in inflows into the leveraged ETF represented approximately $21 billion in notional exposure to semiconductor stocks, creating significant hedging requirements in an already declining market. $SOXL $SOX